Home sales are up 24 percent over last year Written by: Dale Neal Building permits are up 20 percent as the critical real estate market keeps digging out of the collapse of the Great Recession. “The news is good. Sales are up, inventory is down, prices are starting to rise,” observed Neal Hanks of Beverly-Hanks & […]

By Shobhana Chandra of Bloomberg.com – Aug 15, 2012 10:10 AM ET Confidence among U.S. homebuilders climbed in August to the highest level in more than five years, affirming the improvement in residential construction. The National Association of Home Builders/Wells Fargo builder confidence index rose to 37, higher than projected and the best showing since […]

While weaker-than-expected economic data pushed mortgage rates lower last week, concerns about the coming supply of debt needed to pay for government programs moved mortgage rates higher this week, leaving rates nearly unchanged over the past two weeks. Mortgage Rates This week, the economic data had little impact, but mortgage rates moved higher for a […]

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